On-chain data News

Fueled by on-chain recording of off-chain information, web3 makes it possible for users to take back the power and monetize the utility that comes from this data.

Addressing the most critical issue of the web3 space—confidentiality—is essential for driving adoption and unlocking the full potential of decentralized technologies.

While developments in Ethereum’s scalability and Bitcoin’s utility have been positive developments for the web3 ecosystem, they’ve nevertheless brought fresh challenges for data consumers, argues Marcel Fohrman.

After a pullback from the 50-day and 100-day moving averages, Bitcoin’s price is still stagnating at around $40,000. The cryptocurrency broke the levels, going below them a few weeks ago, these levels now operate as the flagship coin’s resistance. Skepticism…